We take a look at the valuation of Chainlink with respect to USD, Bitcoin, and Ethereum. While LINK is certainly in a bull market with respect to USD, it has actually been fairly bearish against BTC and ETH since this past summer. Once Bitcoin volatility has cooled off for a while, we may see LINK start to make some moves. We dubiously speculate that LINK might make a nice run this summer if in fact the crypto asset class as a whole has cooled down by then. TA Video by Benjamin Cowen.
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